Kava Hits 1-Day Trading Volume of $8.29 Million (KAVA)

Kava (KAVA) traded down 6.5% against the dollar during the 1-day period ending at 10:00 AM E.T. on November 3rd. One Kava token can now be bought for approximately $0.29 or 0.00000434 BTC on exchanges. Over the last seven days, Kava has traded down 10.5% against the dollar. Kava has a total market capitalization of $318.09 million and approximately $8.29 million worth of Kava was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 5.9% against the dollar and now trades at $22.68 or 0.00033497 BTC.
• NEAR Protocol (NEAR) traded down 7% against the dollar and now trades at $3.58 or 0.00005288 BTC.
• Internet Computer (ICP) traded down 8.7% against the dollar and now trades at $6.94 or 0.00010254 BTC.
• Fetch.ai (FET) traded down 5.5% against the dollar and now trades at $1.10 or 0.00001632 BTC.
• Cronos (CRO) traded 2.5% lower against the dollar and now trades at $0.0705 or 0.00000104 BTC.
• Hedera (HBAR) traded down 6.7% against the dollar and now trades at $0.0418 or 0.00000062 BTC.
• Cosmos (ATOM) traded 4.5% lower against the dollar and now trades at $3.89 or 0.00005746 BTC.
• Algorand (ALGO) traded 5.9% lower against the dollar and now trades at $0.11 or 0.00000158 BTC.
• Akash Network (AKT) traded 4.2% lower against the dollar and now trades at $2.16 or 0.00003189 BTC.
• Theta Fuel (TFUEL) traded 6.1% lower against the dollar and now trades at $0.0480 or 0.00000071 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,297 tokens. Kava’s official website is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. Kava’s official message board is medium.com/kava-labs. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here.

According to CryptoCompare, “Kava is a decentralized finance (DeFi) platform built on the Cosmos blockchain. Its aim is to provide a range of DeFi services to users, including yield farming, borrowing and lending, and governance, all while ensuring security, transparency, and decentralization. Kava uses the Tendermint consensus algorithm and has a feature called “Hard Protocol” that enables users to borrow and lend cryptocurrencies.”

Buying and Selling Kava

It is usually not possible to purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView